Future Coupons receives Rs1,500cr from Amazon for 49% stake: Report

Future Coupons holds 7.3% stake in Future Retail.

Dec 27, 2019 06:12 IST India Infoline News Service

Future Coupons, a promoter group entity of Future Retail, has received Rs1,500cr from Amazon for 49% stake in the company, reported CNBC-TV18. 

Future Coupons holds 7.3% stake in Future Retail.

Future Retail Ltd is currently trading at Rs346.75 down by Rs0.6 or 0.17% from its previous closing of Rs347.35 on the BSE.
The scrip opened at Rs350 and has touched a high and low of Rs355.75 and Rs343.60 respectively. So far 6,31,740 (NSE+BSE) shares were traded on the counter.

The current market cap of the company is Rs17,457.76cr.

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